【Stable Growth of Hindalco's Aluminum Business in Q1 FY25】Hindalco Industries recorded a consolidated net profit of INR 30.74 billion for the first quarter (April-June 2024) of fiscal year 2025, marking a year-on-year (YoY) growth of 25%. In terms of aluminum operations, the company maintained flat production of primary aluminum at approximately 330,000 tonnes YoY, while alumina production witnessed a 13% YoY increase, reaching 963,000 tonnes. Furthermore, the total production of flat-rolled products, sheets, foils, and extrusions grew by 19% YoY to 101,000 tonnes.
Additionally, Novelis, Hindalco's aluminum recycling and rolling products manufacturer, reported an adjusted EBITDA of USD 525 per tonne, up 10% YoY, primarily driven by the recovery in demand for beverage cans and increased sales volumes. During the quarter, Novelis' total product shipments amounted to 951,000 tonnes, a YoY increase of 8.2%.
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